Suppose the Demand for Macaroni Is Inelastic,the Supply of Macaroni

question 185

Multiple Choice

Suppose the demand for macaroni is inelastic,the supply of macaroni is elastic,the demand for cigarettes is inelastic,and the supply of cigarettes is elastic.If a tax were levied on the sellers of both of these commodities,we would expect that the burden of

• A)both taxes would fall more heavily on the buyers than on the sellers.
• B)the macaroni tax would fall more heavily on the sellers than on the buyers,and the burden of the cigarette tax would fall more heavily on the buyers than on the sellers.
• C)the macaroni tax would fall more heavily on the buyers than on the sellers,and the burden of the cigarette tax would fall more heavily on the sellers than on the buyers.
• D)both taxes would fall more heavily on the sellers than on the buyers.

Recognize the impact of observation on employee productivity, specifically the Hawthorne effect.

Identify the components of job specification and analysis.

Understand the average working hours of American workers and the implications for workplace productivity and lifestyle.

Recognize the scope of work and specialties within industrial-organizational psychology, including personnel selection and occupational health.

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Definitions:

Transgender Individuals

People whose gender identity or expression differs from the sex they were assigned at birth.

Transvestic Disorder

A psychiatric condition characterized by an intense sexual arousal from cross-dressing which causes significant distress or impairment.

Dyspareunia

A medical condition where an individual experiences pain during sexual intercourse.

Semen Allergies

A rare allergic reaction some individuals experience to proteins found in semen, causing symptoms ranging from localized skin irritation to more severe systemic reactions.